World
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President Biden races to U.S.-Mexico border as immigration issue heats up
President Joe Biden visited the U.S.-Mexico border on Sunday for the first time since taking office, tackling one of the most politically charged issues in the country as he prepares for a re-electio…
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Gunmen kidnap 32 people from southern Nigeria train station
Gunmen armed with AK-47 rifles have abducted more than 30 people from a train station in Nigeria’s southern Edo state, the governor’s office said on Sunday. The attack is the latest example of the gr…
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Nigeria’s total debt to hit $172 bln after loan-to-bond swap, new borrowings -DMO
Nigeria’s total public debt could rise to 77 trillion naira ($172 billion) this year from 44 trillion naira as of last September, after a loan-to-bond swap and new borrowings to fund the 2023 budget,…
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Kenya will not default on its debt payments -President Ruto
Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government, which took over in September, has pledged to…
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Ex-funeral directors jailed 20 years for selling body parts
An ex-funeral homeowner and her mother have been sentenced in Colorado after selling body parts without any consent. Megan Hess, 46, and Shirly Koch, 69, dissected some 560 corpses between 2010 and 2…
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South African rand gains ahead of Fed minutes
South Africa’s rand strengthened in early trade on Wednesday, ahead of minutes from the U.S. Federal Reserve’s December policy meeting that could give clues on its interest rate tightening path. At 0…
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Kenyan shilling steady in quiet market
The Kenyan shilling was steady on Wednesday, traders said, with limited foreign-currency demand from oil importers matched by supply. At 0845 GMT, commercial banks quoted the shilling at 123.35/55 pe…
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Egypt’s currency weakens to 26.49 to the dollar
The Egyptian pound weakened to 26.49 to the dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5% on Oct. 27, according Refinitiv Data. It was about 24.70 t…
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At least 10 killed, houses leveled as heavy car bombs rock central Somalia
Two car bombs detonated by al Shabaab militants killed at least 10 people and flattened several houses in central Somalia’s Hiraan region on Wednesday, a government-allied militia and a local elder s…
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Nigeria to pay $4bn extra in 2023 if lawmakers reject loan-bond swap – president
Nigeria will pay 1.8 trillion naira ($4 billion) extra interest in 2023 if parliament rejects a loan-to-bond swap request on the central bank’s overdrafts to the government, President Muhammadu Buhar…